House for Sale
$578,000
4 bd · 3 ba · 2,085 sqft
627 NE 1st Street, Florida City, FL 33034
Baywood II
Florida City, FL 33034 · MLS# A12053032 · Active · TOWN OF FLORIDA CITY
Excellent income-producing property on a double lot! This fully renovated investment opportunity features three separate units with established tenants, generating $7,050 in monthly rental income ($84,600 annually). The main residence offers 4 bedrooms and 2 bathrooms and is currently leased for $3,050 per month. The rear of the property includes two detached apartments, each with private entrances, 2 bedrooms, 1 bathroom, a living room, and a full kitchen. One unit is rented for $1,900 per month, and the other for $2,100 per month. This turnkey property is an excellent opportunity for investors seeking immediate cash flow. Situated on a spacious double lot, it has been completely renovated and is well maintained. Conveniently located near major highways, shopping, dining, schools, and other local amenities.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
559 NW 2nd St, Florida City, FL 33034 · See all Florida City homes for sale
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559 NW 2nd St is a single family home for sale in Florida City, FL 33034. This property was listed for sale on July 13, 2026 by Martin Realty Group Corp, it's currently listed at $680,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Florida City and Homestead. 559 NW 2nd St is a 8-bed, 4-bath single family home built in 1930.